The term "fiduciary funds" applies to: a. private-purpose trust, investment trust, pension trust and agency funds. b. enterprise and internal service funds. c. pension, investment trust and enterprise funds. d. enterprise, internal service, and private-purpose trust funds.

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators